Introduction

Credit Assessment

Evaluates a customer's financial stability and risk before granting credit.
Examine stuffs like spending history, bank statements, and past credit record.

How it works

1. Submission:

• You upload a bank statement from your dashboard for analysis and report generation.

2. Webhook:

• You receive a webhook indicating the status of your upload

{
    "message" : "Bank statement processing is on-going"
    "data" : {
        "submissionId": [ID OF THE SUBMISSION],
    }
}

4. Reports:

• Our AI processes your bank statement and generate various types of reports based on the processed data.

5. Make Informed Decision 👌

• Based off the reports generated for you, you can make informed decision with regards to credit worthiness of a user. We also show credit risk score and bank statement validity score.

Flow

Reports Generated From Bank Statement

1. Recent Transactions of the User

Overview of the most recent transactions made by the user.

2. User’s Credit Summary

Detailed summary of the user's credit status, including credit limits and utilization.

3. Spending Patterns/Categories

Analysis of spending habits and categorization of expenses.

4. Transaction Location Data

Geographic data of where transactions were made, useful for identifying trends.

5. Account Balance Summary

Summary of current account balances across various accounts.

6. Credit History

• Past loan/credit received: History of loans and credits taken by the user.
• Defaults and payments: Record of any defaults and payments made.

7. Credit Risk Percentage

Assessment of the user's credit risk as a percentage.

8. Bank Statement Validity

Validation of the authenticity and integrity of the bank statement.